NEWCASTLE CAPITAL GROUP LLC 4
4 · HALLMARK FINANCIAL SERVICES INC · Filed Jun 2, 2022
Insider Transaction Report
Form 4
SCHWARZ MARK E
DirectorExecutive Chairman10% Owner
Transactions
- Purchase
Common Stock
2022-05-31$0.89/sh+1,179$1,049→ 3,079,873 total(indirect: Directly owned by Newcastle Partners, L.P.)
Holdings
- 15,000
Director Stock Option (right to buy)
Exercise: $3.11From: 2013-06-25Exp: 2022-06-25→ Common Stock (15,000 underlying) - 140,691
Common Stock
- 40,000
Director Stock Option (right to buy)
Exercise: $3.95From: 2017-06-27Exp: 2026-06-27→ Common Stock (40,000 underlying)
Footnotes (1)
- [F1]Mr. Schwarz is the sole trustee of the Schwarz 2012 Family Trust (the "Trust") and a director and officer of NCM Services, Inc. ("NCMS"). The Trust is the sole shareholder of NCMS, which is the sole member of Newcastle Capital Group, L.L.C. ("NCG"), which is the general partner of Newcastle Capital Management, L.P. ("NCM"), which is the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, Mr. Schwarz may be deemed the beneficial owner of all shares held by any of the Trust, NCMS, NCG, NCM or NP.